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  3. Study Set
    Auditing Assurance Services Study Set 1
  4. Exam
    Exam 15: Audit of Transaction Cycles and Financial Statement Balances I
  5. Question
    The Auditor Should Be Satisfied That Acquisitions of Raw Materials
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The Auditor Should Be Satisfied That Acquisitions of Raw Materials

Question 50

Question 50

Multiple Choice

The auditor should be satisfied that acquisitions of raw materials are correctly stated at the completion of the:


A) payroll and personnel cycle.
B) acquisitions and payments cycle.
C) cash cycle.
D) inventory and warehousing cycle.

Correct Answer:

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